Bucharest Stocks Rise Further, Proprietatea Fund Deals Lift Trading Values
The Bucharest bourse extended early gains in the second half of Thursday's session, in sync with the positive developments on European markets, and the traded value was lifted by several deals with shares of investment fund Fondul Proprietatea (FP.RO).
The Bucharest bourse’s BET index rose 3% to 4,679.79, while the composite index BET-C closed up 2.6%, at 2,798.08.
BET-FI, which tracks the main investment funds, climbed 2.5% to 21,651.16, while the extended blue-chip index BET-XT rose 2.9%. Energy stocks tracker BET-NG increased 2.2%.
The bourse’s overall traded value stood at 100.5 million lei (EUR23.1 million), with RON65.8 million coming from three special deals with Proprietatea shares.
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